$480,000
$499,900
4.0%For more information regarding the value of a property, please contact us for a free consultation.
1,536 SqFt
SOLD DATE : 05/06/2022
Key Details
Sold Price $480,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 1,536 sqft
Price per Sqft $312
MLS Listing ID PABU523494
Sold Date 05/06/22
HOA Y/N N
Originating Board BRIGHT
Year Built 1985
Annual Tax Amount $10,801
Tax Year 2021
Lot Size 0.275 Acres
Acres 0.28
Lot Dimensions 50.00 x 240.00
Property Description
Property is a 32 a by 48 metal commercial building ( current use as auto body shop rent 1200 per month Rent at market value should be $1750 for building only In addition on the property is a single detached home w 5 apartment rental units Total rents on the 5 apartments$3,190 per month Building rent `$1,440 per month Gross in come is $4,590 per month or $55,080 per year Due to low metal building rent this figure is on the low side All apartments are separately metered, tenants pay own electric and heat
Location
State PA
County Bucks
Area Morrisville Boro (10124)
Zoning C3
Interior
Hot Water Electric
Heating Baseboard - Electric
Cooling None
Flooring Concrete
Heat Source Electric
Exterior
Garage Spaces 14.0
Waterfront N
Water Access N
Accessibility 2+ Access Exits
Total Parking Spaces 14
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Morrisville Borough
Others
Tax ID 24-006-024
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard
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Bought with Yan Korol • RE/MAX Elite
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "